While payroll tax had been at 4.2 percent as of Jan. 1 that number will rise to 6.2 percent on the first $113,700 of earned wages.

For someone earning $30,000 annually that means an increase of about $50 a month in taxes.

With those changes in mind, we want to know how you'll adjust your budget. Will you dodge eating at a local restaurant? Would you let your car go without an oil change? How about letting your hair grow out to avoid going to the salon?

Are you happy with this "fiscal cliff" deal? Were you expecting something else? Let us know.

Follow Us

cleveland.com is powered by Plain Dealer Publishing Co. and Northeast Ohio Media Group. All rights reserved (About Us).The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Northeast Ohio Media Group LLC.